PowerShares S&P International Developed Quality Portfolio ETF(IDHQ)- NYSEARCA
IDHQ Description
The PowerShares S&P International Developed Quality Portfolio (Fund) is based on the S&P Quality Developed ex US LargeMidCap Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index tracks the performance of stocks in the S&P Developed Ex-US LargeMidCap Index that have the highest quality score, which is calculated based on three fundamental measures, return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.
See more details on sponsor's website
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub